Discover how TAGTHAi, an all-in-one travel app, partners with industry leaders to boost sustainable tourism across Thailand.
Continue reading “TAGTHAi: Revolutionizing Thailand’s Tourism Industry”Tag: Transactions
Historic Sale in Thailand: Record-Breaking Deal for Hyatt Regency Bangkok Sukhumvit
Thailand’s hotel market just set a new record with the sale of the prestigious Hyatt Regency Bangkok Sukhumvit for a staggering THB 5 billion (approximately $155 million). This landmark transaction, managed by JLL’s Hotels & Hospitality Group, represents Thailand’s largest single-asset hotel deal to date. This sale isn’t just a testament to the value of the Hyatt Regency, a coveted property in Bangkok’s bustling CBD, but also highlights Thailand’s growing allure as a top-tier hospitality market. With both domestic and international investors eyeing Thailand’s hospitality sector, the sale signifies a surge of capital investment in the industry, bolstering the country’s reputation as a global investment destination.
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